China S New Role In The World Economy

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China’s New Role in the World Economy

Author : Yiping Huang,Miaojie Yu
Publisher : Routledge
Page : 337 pages
File Size : 40,7 Mb
Release : 2013-01-04
Category : Business & Economics
ISBN : 9781135136819

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China’s New Role in the World Economy by Yiping Huang,Miaojie Yu Pdf

The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last. China's rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences. The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.

China's New Place in a World in Crisis

Author : Ross Garnaut,Ligang Song,Wing Thye Woo
Publisher : ANU E Press
Page : 486 pages
File Size : 43,5 Mb
Release : 2009-07-01
Category : Political Science
ISBN : 9781921536977

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China's New Place in a World in Crisis by Ross Garnaut,Ligang Song,Wing Thye Woo Pdf

The world and China's place in it have been transformed over the past year. The pressures for change have come from the most severe global financial crisis ever. The crisis has accelerated China's emergence as a great power. But China and its global partners have yet to think or work through the consequences of its new position for the governance of world affairs. China's New Place in a World in Crisis discusses and provides in-depth analysis of the following questions. How have China's growth prospects been affected by the global crisis? How will the crisis and China's response to it impact China's major domestic issues, such as industrialisation, urbanisation and the reform of the state-owned sector of the economy? How will the crisis and the international community's response to it affect the rapidly emerging new international order? What will be China's, and other major developing countries', new role? Can China and the world find a way of breaking the nexus between economic growth and environmental sustainability - especially on the issue of climate change?

China's Growing Role in World Trade

Author : Robert C. Feenstra
Publisher : University of Chicago Press
Page : 603 pages
File Size : 43,7 Mb
Release : 2010-03-10
Category : Business & Economics
ISBN : 9780226239729

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China's Growing Role in World Trade by Robert C. Feenstra Pdf

In less than three decades, China has grown from playing a negligible role in international trade to being one of the world's largest exporters, a substantial importer of raw materials, intermediate outputs, and other goods, and both a recipient and source of foreign investment. Not surprisingly, China's economic dynamism has generated considerable attention and concern in the United States and beyond. While some analysts have warned of the potential pitfalls of China's rise—the loss of jobs, for example—others have highlighted the benefits of new market and investment opportunities for US firms. Bringing together an expert group of contributors, China's Growing Role in World Trade undertakes an empirical investigation of the effects of China's new status. The essays collected here provide detailed analyses of the microstructure of trade, the macroeconomic implications, sector-level issues, and foreign direct investment. This volume's careful examination of micro data in light of established economic theories clarifies a number of misconceptions, disproves some conventional wisdom, and documents data patterns that enhance our understanding of China's trade and what it may mean to the rest of the world.

China in the Local and Global Economy

Author : Steven Brakman,Charles van Marrewijk,Peter J. Morgan,Nimesh Salike
Publisher : Routledge
Page : 338 pages
File Size : 51,9 Mb
Release : 2018-11-21
Category : Business & Economics
ISBN : 9781351390798

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China in the Local and Global Economy by Steven Brakman,Charles van Marrewijk,Peter J. Morgan,Nimesh Salike Pdf

The history of China dates back thousands of years, with periods of decline followed by periods of growth and innovation. This book puts the last 50 years – China's most recent period of growth – into perspective. It explores the changing national and international connections within China and between China and other parts of the world, and their importance for understanding the past, current, and future developments of the Chinese economy. The book brings together leading international contributors from China, Japan and Europe to consider the historical developments of these connections, the importance of natural and man-made connections for the Chinese economy, the role of institutions and policies for understanding the connections and their sustainability. This book will be of interest to scholars and researchers focusing on China, economics, geography or international trade.

China

Author : Ms.Wanda Tseng,Mr.Markus Rodlauer
Publisher : International Monetary Fund
Page : 238 pages
File Size : 40,7 Mb
Release : 2003-02-24
Category : Business & Economics
ISBN : 9781589061781

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China by Ms.Wanda Tseng,Mr.Markus Rodlauer Pdf

China's economic reforms over the past two decades have brought tremendous economic transformation, rapid growth, and closer integration into the global economy. Real income per capita has increased fivefold, raising millions of Chinese out of poverty. Despite these achievements, difficult reforms--involving the state-owned enterprises and the financial sector--must still be completed, and social pressures from rising unemployment and income inequalities need to be addressed. China's accession to the World Trade Organization will bring benefits but will also impose obligations on the economy, and could prove to be a watershed for the reform process. This book looks at the country's reform process, its past successes and future challenges.

Integrating China into the Global Economy

Author : Nicholas R. Lardy
Publisher : Rowman & Littlefield
Page : 257 pages
File Size : 49,6 Mb
Release : 2004-05-13
Category : Political Science
ISBN : 9780815798699

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Integrating China into the Global Economy by Nicholas R. Lardy Pdf

China's accession to the World Trade Organization (WTO) has been hailed as the biggest coming-out party in the history of capitalism. Its membership eventually will contribute to higher standards of living for its citizens and increased growth for its economy. But why would the Chinese communist regime voluntarily agree to comply with the many complex rules of the global trading system since it has already become the world's seventh largest trading country while avoiding these constraints by remaining outside the system? The answer to this question forms the basis for this new book. Nicholas Lardy explores the many pressures on the Chinese government, both external and internal, to comply with the standards of the rule-based international trading system. Lardy points out that, prior to entry into the WTO, China enjoyed high growth rates and more foreign direct investment than any other emerging economy. He draws on a wealth of scholarship and experience to explain how China's leadership expects to leverage the increased foreign competition inherent in its WTO commitments to accelerate its domestic economic reform program, leading to the shrinkage and transformation of inefficient, money-losing companies and hastening the development of a commercial credit culture in its banks. Lardy answers a number of other questions about China's new WTO membership, including its effects on bilateral trade with the United States; the possibility that China will use its power to reshape the WTO in the future; the degree to which the terms of China's entry were more or less demanding than those for other new members; the ability of China's economy to successfully open to new imports; and the prospects for new growth in various sectors of China's economy made possible by WTO accession. This book will become an important tool for those who wish to understand China's new role in the global trading system, to take advantage of the new opportunities for investment in China, or simply to gain a better understanding of what former President Clinton called a "once in a generation event."

China's New Sources of Economic Growth: Vol. 1

Author : Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston
Publisher : ANU Press
Page : 545 pages
File Size : 49,9 Mb
Release : 2016-07-21
Category : Business & Economics
ISBN : 9781760460358

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China's New Sources of Economic Growth: Vol. 1 by Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston Pdf

China’s change to a new model of growth, now called the ‘new normal’, was always going to be hard. Events over the past year show how hard it is. The attempts to moderate the extremes of high investment and low consumption, the correction of overcapacity in the heavy industries that were the mainstays of the old model of growth, the hauling in of the immense debt hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at any time. They are harder when changes in economic policy and structure coincide with stagnation in global trade and rising protectionist sentiment in developed countries, extraordinarily rapid demographic change and recognition of the urgency of easing the environmental damage from the old model. China’s economy has slowed and there are worries that the authorities will not be able to contain the slowdown within preferred limits. This year’s Update explores the challenge of the slowdown in growth and the change in economic structure. Leading experts on China’s economy and environment review change within China’s new model of growth, and its interaction with ageing, environmental pressure, new patterns of urbanisation, and debt problems at different levels of government. It illuminates some new developments in China’s economy, including the transformational potential of internet banking, and the dynamics of financial market instability. China’s economic development since 1978 is full of exciting change, and this year’s China Update is again the way to know it as it is happening.

Harmonious World and China's New Foreign Policy

Author : Sujian Guo,Jean-Marc F. Blanchard
Publisher : Lexington Books
Page : 266 pages
File Size : 51,8 Mb
Release : 2010-06-22
Category : History
ISBN : 9780739126042

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Harmonious World and China's New Foreign Policy by Sujian Guo,Jean-Marc F. Blanchard Pdf

The concept of 'harmonious world' has become the basis for the new principles and goals of Chinese foreign policy under the fourth generation leadership. The question remains, however, about the exact meanings of these principles and slogans, and their implications for Chinese foreign policy. This is the first edited volume that attempts to address this significant question, and its insightful contributions elucidates new dimensions of Chinese foreign policy and their implications for China's relations with the world.

The World According to China

Author : Elizabeth C. Economy
Publisher : John Wiley & Sons
Page : 304 pages
File Size : 54,7 Mb
Release : 2021-10-25
Category : Political Science
ISBN : 9781509537518

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The World According to China by Elizabeth C. Economy Pdf

An economic and military superpower with 20 percent of the world’s population, China has the wherewithal to transform the international system. Xi Jinping’s bold calls for China to “lead in the reform of the global governance system” suggest that he has just such an ambition. But how does he plan to realize it? And what does it mean for the rest of the world? In this compelling book, Elizabeth Economy reveals China’s ambitious new strategy to reclaim the country’s past glory and reshape the geostrategic landscape in dramatic new ways. Xi’s vision is one of Chinese centrality on the global stage, in which the mainland has realized its sovereignty claims over Hong Kong, Taiwan, and the South China Sea, deepened its global political, economic, and security reach through its grand-scale Belt and Road Initiative, and used its leadership in the United Nations and other institutions to align international norms and values, particularly around human rights, with those of China. It is a world radically different from that of today. The international community needs to understand and respond to the great risks, as well as the potential opportunities, of a world rebuilt by China.

China's New Role in Africa

Author : Ian Taylor
Publisher : Unknown
Page : 248 pages
File Size : 44,9 Mb
Release : 2009
Category : Political Science
ISBN : UOM:39076002786171

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China's New Role in Africa by Ian Taylor Pdf

"Although China denies that it harbors ambitions to become a superpower, its leadership has made clear its intention that the country be a major player in the global arena. Against this backdrop, Ian Taylor explores the nature and implications of China's burgeoning role in Africa. Taylor argues that Beijing is using Africa not only as a source of needed raw materials and potential new markets, but also to bolster its own position on the international stage. After tracing the history of Sino-African relations, he addresses key current issues: What will be the long-term consequences, for example, of China's successes in securing access to the continent's oil? How will cheap Chinese imports affect Africa's manufacturing base? What has been the impact of China's arms sales to Africa?"--P. 227.

China’s Domestic Transformation in a Global Context

Author : Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston
Publisher : ANU Press
Page : 467 pages
File Size : 55,7 Mb
Release : 2015-07-08
Category : Business & Economics
ISBN : 9781925022698

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China’s Domestic Transformation in a Global Context by Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston Pdf

The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?

China's New Order

Author : Hui Wang
Publisher : Harvard University Press
Page : 268 pages
File Size : 46,8 Mb
Release : 2003
Category : History
ISBN : 0674009320

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China's New Order by Hui Wang Pdf

Analysing the transformations that China has undertaken since 1989, Wang Hui argues that it features elements of the new global order as a whole in which considerations of economic growth and development have trumped every other concern, particularly democracy and social justice.

China's Expansion in International Business

Author : Peter Baláž,Stanislav Zábojník,Lukáš Harvánek
Publisher : Springer Nature
Page : 335 pages
File Size : 52,5 Mb
Release : 2019-09-10
Category : Business & Economics
ISBN : 9783030219123

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China's Expansion in International Business by Peter Baláž,Stanislav Zábojník,Lukáš Harvánek Pdf

Capturing the overall development of the Chinese economy, this comprehensive book offers an introduction to one of the most astonishing economic growth stories of the last three decades. The authors identify the key stages and unique features of China’s development, exploring its geopolitical impact on the world economy, and in particular, on the European Union. Analysing factors such as education, urbanisation and innovation, this book highlights the reasons behind China’s success in the international market, and places a special focus on the country’s energy policy. By providing insights into such an important case of expansion and growth in international business, this innovative book will be of interest to those researching Asian business, internationalisation and the Chinese economy.

China's Economy Into the New Century

Author : John Wong
Publisher : World Scientific
Page : 478 pages
File Size : 46,7 Mb
Release : 2002
Category : Business & Economics
ISBN : 9812778276

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China's Economy Into the New Century by John Wong Pdf

In the last two decades of the 20th century, China stood out as the world''s star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China''s economic power and raised its people''s standard of living. It has also transformed China from a centrally planned command economy into a OC socialist market economyOCO, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999OCo2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants."

China and the WTO

Author : Supachai Panitchpakdi,Mark L. Clifford
Publisher : John Wiley & Sons
Page : 268 pages
File Size : 49,7 Mb
Release : 2002-01-25
Category : Business & Economics
ISBN : STANFORD:36105110441073

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China and the WTO by Supachai Panitchpakdi,Mark L. Clifford Pdf

This work analyses the implications for world trade of China's entry into the World Trade Organization. It has taken fifteen long years of dialogue and heated debate and it will take its place among the other members at the end of 2001. This momentous event is relayed by the next WTO Chairman.